RE: Directors don’t need to buy at such low prices they keep being given21 Apr 2026 11:38
The shares are currently 17p. If they were instead £1.70 I don't think any of us would be complaining about the issuance of options. But it seems a bit rich to keep on issuing them as the price stays at such record lows....
On the other hand, one could be charitable and say this is the bottom right now of the shares, as the recent RNS indicates the Company expects much better times ahead and has gone through a tough period up to now. Share option incentives then are perhaps in order to keep current senior management incentivised but I do agree with you jgjam: in particular: the market tends to price six months ahead, yet here we are at record lows - i.e. there's no visibility to stock market watchers. As a result, the share price is in the gutter inferring the company's Q1 results are not deemed to be repeatable by the market. Something critically needs to change here - either a big win from a new connection, or a massive widening of a current relationship.
My own bet is on a massive widening of a current relationship leading to a big increase in turnover and then I suppose, an offer.
I cannot see this company staying independent for that long once it becomes properly cash flow positive each quarter especially if the share price fails to move up a few gears.